Attorney Marco A. Schiavo

Simmons & SchiavoExperience: 17 YearsArea Served: Boston North

398 Pleasant Street
Suite 200Malden, MA, 02148

Attorney Message

I am dedicated to serving individual and business clients with unparalleled legal representation in the areas of real estate law, bankruptcy and business law. If I may be of assistance to you, your family, or your business please call to schedule an initial consultation.

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About Me

About Marco Schiavo

Attorney Schiavo speaks Italian and Spanish fluently. Attorney Schiavo has been a co-host and panelist at Spanish-speaking First Time Homebuyer seminars and also is a frequent guest speaker on Spanish radio discussing various legal topics.

Attorney Marco Schiavo is admitted to practice in both the Commonwealth of Massachusetts State Courts and United States Federal District Court. He obtained his Juris Doctorate from Suffolk University School of Law where he focused his studies on Estate Planning and Real Estate Law. Prior to law school he received his Bachelor of Science Degree from Babson College with a double major in Finance and International Business Studies. Attorney Schiavo is an active member of the Real Estate Bar Association of Massachusetts (REBA) and member of the National Academy of Consumer Bankruptcy Attorneys (NACBA).

Reviews

Attorney Marco Schiavo has affirmed the following reviews are authentic.

Google Reviews

"As a realtor in the area for over 18 years my affiliations are very important. I value my reputation above all and we all know that we are judged by the company we keep. Simmons and Schiavo are a perfect fit for me. Marco and Adriana are not only experts in their field but i love the fact that they take the time to listen to my buyers and sellers and really care about making the best choices with the best outcomes for my clients. Whether it is a regular client who wants to sell their home or someone who is under water and needs to rescue their life from the challenges presented by the current market they take the time to listen and resolve. They are the best at doing short sales, regular sales, bankruptcies you name it. The fact that they speak Spanish is a plus. My Century 21 North Shore Chelsea/Danvers training demands the best and they are the best."

By Google User

"Marco Schiavo has represented me several times in real estate transactions. From beginning to end he is in control of all of the details and negotiations. Marco is a true professional and a pleasure to work with. I would highly recommend Simmons & Schiavo!"

By Google User

"Marco Schiavo is an expert at short sale negotiations. He will see this difficult process through from start to finish. He was recommended to me by a fellow realtor and I was sure glad he was. I will continue to use Simmons and Schiavo with all of my short sale transactions."

By Google User

Q&A

Legal Questions & Answers

Filing a bankruptcy petition “automatically stays” (stops) most collection actions against the debtor or the debtor’s property. The stay arises by operation of law. As long as the stay is in effect, creditors generally may not initiate or continue lawsuits, wage garnishments, or even telephone calls demanding payments, without the approval of the bankruptcy court. There are some exceptions to this rule, such as criminal proceedings, collection of certain alimony and child support obligations and governmental actions to protect the public. In addition, the automatic stay is temporary and will end as to the debtor when discharge is granted (at which time the discharge protects the debtor) or denied, when the case is dismissed or closed, or if the Bankruptcy Court grants a creditor or other party relief from the automatic stay.

Yes. Federal law requires that property owners, property managers and real estate agents leasing or selling housing built before 1978 provide certain information to tenants and buyers, including: an EPA-approved lead hazard information pamphlet, called “Protect Your Family from Lead in Your Home;” a lead warning statement; statements disclosing any known lead-based paint and/or lead-based paint hazards; and copies of all available records or reports regarding lead-based paint and/or lead-based paint hazards. This information must be provided to tenants and buyers before they enter into leases or purchase and sales agreements. Property owners, property managers and real estate agents equally share responsibility for providing lead disclosure information and must keep copies of records regarding lead disclosures for three years.

The Federal Housing Administration, or FHA, understands that there are situations out of your control that force a short sale. There are three possible scenarios:
1. If you had a hardship that caused you to short sell while you were current on your mortgage, current on other installment debts and are not liable to pay a deficiency, then you can immediately apply for another FHA mortgage.
2. If you were in default of your mortgage at the time of the short sale you cannot apply for another FHA loan for three years from the date that the FHA claim is paid on the short sale.
There are some exceptions to this bar including death or uninsured illness. More specific information can be found here.
3. You are barred from applying for another FHA mortgage if you pursued a short sale on your primary residence because of decline in value of your home due to market conditions, and then later attempt to purchase in the same area.